Debt consolidation remortgage deals help home-owners in trouble.

Now may be the time to take on a debt consolidation remortgage. New mortgage lending figures indicate that UK house prices may be on the up which will mean equity levels will be on the up too.

According to Bank of England figures, January saw an increase in mortgage lending by £1.6 billion, which was twice the average for the previous 6 month period. This increase also coincides with Land Registry data indicating that the housing market could be showing early signs of recovery.

Positive housing market movement is good for those looking for a remortgage deal. Those of you who need to consider a debt consolidation remortgage should shop around now while good remortgage rates are available.

Many lenders are including offers at higher loan to value levels. Various lenders have recently launched new deals at both 90 and 95 per cent LTV. These lenders include First Direct, the Post Office, the Co-op and HSBC. Providing you have equity of 5 to 10 per cent a new deal may be possible.

A debt consolidation remortgage can help struggling home-owners combine their debt into one repayment to ease stress on house-hold finances.

Attractive remortgage deals are available from many lenders at the moment offering a cheaper source of funds than more expensive personal loans.

Here at Deal Direct we can help you with all of your remortgaging requirements. Our brokers are 'whole of market' and are completely up to date on all remortgage providers lending criteria and rates offered.

For accurate and impartial advice contact Deal Direct today and let our skilled mortgage advisers do the hard work on your behalf.